FMG 0.35% $25.66 fortescue ltd

I’m in the shorters club. Not proud of it lol.Just think there’s...

  1. 539 Posts.
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    I’m in the shorters club. Not proud of it lol.

    Just think there’s a pull back coming. Awesome div but don’t forget that come March 1 (or whenever the ex dub date is) there will be a 30cent pull back. So I actually think people might look to sell off pre div and lock in the share price. Would not be the first time a company has been sold off leading into ex div date. 

    If if you get a 30 cent dividend but the share price is sub $6 then that’s not exactly ideal from where we are today.

    Currently priced to perfection imo

 
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